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Asana's stock plunges 25% after CEO Dustin Moskovitz announces retirement, despite Q4 sales growth.
Asana CEO and co-founder of Facebook, Dustin Moskovitz, has announced his retirement, causing Asana's stock to drop by 25%.
Despite a 10% rise in Q4 sales to $188.3 million, meeting analyst estimates, the company's forecast for Q1 revenue of $184.5 million to $186.5 million fell short of expectations.
Asana has begun the search for a new CEO, with Moskovitz transitioning to the role of Chair.
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Las acciones de Asana se hunden 25% después de que el CEO Dustin Moskovitz anuncia la jubilación, a pesar del crecimiento de las ventas del Q4.